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4 March 2015

MZS won a record amount as damages for its client Sistema JSFC.

On 16 February 2015 Arbitrazh Court of the City of Moscow granted Sistema JSFC claim against LLC Ural-Invest for damages of RUR 70.7 billion incurred as a result of forfeiture of OJSC Bashneft shares. The court has in parallel issued a freezing order in respect of LLC Ural-Invest money and other assets. MZS developed the position in the case and represented Sistema JSFC in court. The case received extensive coverage with the leading business and professional mass media: